Friday, March 17, 2006

Eastern Europe Shows Us Up Again

Belarus may issue gold secured bonds. Read about this news.



I will repeat my oft stated belief that gold will reassert itself via the market. There are too many people on this earth who understand -- consciously or unconsciously -- the role of gold in all monetary systems, whether officially recognized by governments or not.

And I will repeat: You can take gold out of the standard, but you can't take the standard out of gold.

For my other commentary on this subject, see this post and this post and this post and this post.

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